Quitclaim Deed from Corporation to Two Individuals - Pennsylvania 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the name of the Corporation as the Grantor in the designated field, ensuring accuracy for legal purposes.
  3. Next, input the names of the two individuals who will be receiving the property as Grantees. Make sure to list them correctly as joint tenants.
  4. Fill in the County and State where the property is located, along with a detailed legal description of the property in Exhibit A.
  5. Complete any additional fields such as Parcel Identification Number and prior instrument references, if applicable.
  6. Finally, have an authorized representative from the Corporation sign and date the document, followed by notarization to validate the deed.

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To remove a co-owner from a property deed, the current owners typically execute a quitclaim deed or similar document transferring interest. Both parties must agree and sign the deed, which is then recorded with the county recorders office.
The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.
A Quitclaim Deed in Pennsylvania is a legal document that allows a property owner to transfer any interest they might have in a given piece of real estate to another person without providing any warranties about the ownership. Essentially, its a what you see is what you get type of transaction.
Follow your states legal requirements to ensure that the quitclaim deed is done legally. For proper deed signing, witnessing, and notarization, a real estate attorney can assist. Quitclaim deeds are often used for simple transfers, such as adding or removing a spouse from the title after marriage or divorce.
You can put as many people as you want as grantees on a quit claim deed. However, the problem with putting all of your children on the property as 1% owners is that you would be giving each of your children a veto power if you want to sell or mortgage the condo.

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People also ask

How does a quitclaim deed impact mortgages in Pennsylvania? In Pennsylvania, a quitclaim deed transfers ownership interest without affecting the existing mortgage on the property. The mortgage responsibility remains with the grantor unless specifically renegotiated with the lender.

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